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What changed in Alibaba Group Holding Ltd's latest annual report

In the year ended 31 Mar 2026, Alibaba Group Holding Ltd's revenue rose 8.1% to USD 148.40bn, from USD 137.30bn; net income fell 16.2% to USD 15.02bn, from USD 17.93bn; total liabilities rose 15.4% to USD 113.56bn, from USD 98.41bn.

Year ended 31 Mar 2026. Source: 20-F filed 20 May 2026, read it on SEC EDGAR.

USD 137.30bn to USD 148.40bn

Revenue, up 8.1% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue137.30bn148.40bnUp 8.1%
Net income17.93bn15.02bnDown 16.2%
Total assets248.63bn276.83bnUp 11.3%
Total liabilities98.41bn113.56bnUp 15.4%
Cash and cash equivalents20.05bn19.07bnDown 4.9%
Shareholders' equity139.16bn153.80bnUp 10.5%

Questions people ask

Did Alibaba Group Holding Ltd's revenue grow last year?

Revenue grew 8.1%, from USD 137.30bn to USD 148.40bn in the year ended 31 Mar 2026.

Is Alibaba Group Holding Ltd profitable?

Yes. Net income was USD 15.02bn in the year ended 31 Mar 2026. The year before: USD 17.93bn.

How much cash and debt does Alibaba Group Holding Ltd have?

At its latest year end (31 Mar 2026), Alibaba Group Holding Ltd reported cash and cash equivalents of USD 19.07bn.

Where do these numbers come from?

From Alibaba Group Holding Ltd's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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